Schooler Family Foundation
- Assets
- $5.7m
- Revenue
- $219.2k
- Investments
- $5.5m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 07/1986
- Data as of
- 12/2023
- EIN
- 31-1157433
Organization Overview
Schooler Family Foundation is located in Columbus, OH. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schooler Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Schooler Family Foundation generated $219.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $254.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Schooler Family Foundation has awarded 71 individual grants totaling $1,636,579. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
S Dean Schooler Trustee Emeritus | 2 | $0 | |
David R Schooler Trustee/president | 2 | $0 | |
Heather L Schooler Trustee/vice President | 24 | $0 | |
Steven J Barr Trustee | 2 | $0 | |
Matthew W Schooler Trustee/secretary | 2 | $0 | |
Wesley H Schooler Trustee/treasurer | 24 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,736 |
| Dividends & Interest | $130,564 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $85,870 |
| Capital Gain Net Income | $85,870 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $219,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,857 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,418 |
| Total operating and administrative expenses | $50,664 |
| Contributions, gifts, grants paid | $203,928 |
| Total expenses and disbursements | $254,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,125 |
| Savings and temporary cash investments | $86,601 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,651,408 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Schooler Family Foundation has awarded $303,928 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS EAST CENTRAL OHIO CHAPTER PURPOSE: EMERGENCY ARMED FORCES & BLOOD SERVICES | $20,300 |
COSHOCTON CITY AND COUNTY PARK DISTRICT PURPOSE: DISC GOLF COURSE EQUIPMENT | $32,799 |
COSHOCTON COUNTY REGIONAL AIRPORT AUTHORITY PURPOSE: HANGAR CONSTRUCTION | $50,000 |
OHIO FOUNDATION OF INDEPENDENT COLLEGES PURPOSE: SCHOOLER FAMILY FOUNDATION SCHOLARSHIP PROGRAM 2023-2024 | $40,000 |
PHILANTHROPY OHIO PURPOSE: OPERATING SUPPORT - 2023 | $250 |
THE OHIO STATE UNIVERSITY FOUNDATION PURPOSE: MEDICAL CENTER, ADULT CONGENITAL HEART DISEASE FELLOWSHIP PROGRAM #1 OF 3 | $50,000 |